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13.03.2014 23:12:00
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Renaissance Learning, Inc. -- Moody's says Renaissance Learning buyout is potentially credit negative
New York, March 13, 2014 -- Moody's Investors Service said that Renaissance Learning, Inc.'s ratings, including the B2 Corporate Family Rating, are not immediately impacted by the company's announcement of the definitive agreement to be acquired by Hellman & Friedman's for $1.1 billion. However, the transaction would be credit negative if the acquisition were funded primarily with debt.
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